Is Little River Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Little River Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Little River Township has remained a Seller's Market.

Key Takeaway

Little River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Little River Township, NC

How much do homes in Little River Township, NC cost?

Median Sold Price

$490,000

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,500(+7.1%)

Key Takeaway

Homes in Little River Township have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Little River Township was $490,000 in April 2024, up 7.1% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $395K$467.5K
+18.4%
3 $460K$501.5K
+9.0%
4 $613.7K$352.5K
-42.6%
5+ -$2.8M
N/A

Summary: Little River Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 42.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Dunns Rock Township
+8.7%
Little River Township
+7.1%
Crab Creek Township
+6.6%
Penrose
-10.1%

Housing Supply in Little River Township, NC

How many homes are available in Little River Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
11110.0%

Summary: The Little River Township real estate market had 11 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 98
-11.1%
4 22
0.0%
5+ 01
+100.0%

Summary: The Little River Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Little River Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Little River Township in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Little River Township, NC

How long does it take to sell a home in Little River Township, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
79 Days12 Days-84.2%

Summary: Homes in Little River Township had an average of 12 days on market in Apr 2024, down by 84.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Little River Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Little River Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Little River Township, NC

Nearby Markets to Little River Township, NC

What housing markets are near Little River Township, NC?